VVC’s PHC Engages Lee Keeling and Associates to Conduct NI 51-101 Helium Resource Property Evaluations of PHC’s Four Helium Projects
October 5, 2021

VVC Exploration Corporation ("VVC" or the "Company") (TSX-V:VVC) is pleased to announce that its wholly owned subsidiary Plateau Helium Corporation ("PHC") has commissioned a National Instrument 51-101 ("NI 51-101") compliant report (the "NI 51-101 Report") on its four (4) helium projects in Kansas and Colorado, USA.


Engagement of Lee Keeling and Associates


PHC has engaged Lee Keeling and Associates ("Keeling") of Tulsa Oklahoma, an oil and gas engineering consulting firm with specialized expertise in helium, to complete an evaluation of PHC’s helium assets. This evaluation will be carried out in accordance with the requirements of NI 51-101 in Canada. The results of the evaluation will be published in an NI 51-101 Report which, when finalized, will be filed on SEDAR (www.sedar.com), where it will be available for download by shareholders. The NI 51-101 Report will help PHC in its strategic decision making and management of the helium business, as well as providing the Company’s investors, and the market, a view of the Company’s helium assets through a third-party expert.


Keeling will consult on the well completions and testing programs, and will also prepare an independent evaluation of the existing producing wells, the historic non-producing wells and as well as an overview of the Company’s helium lease acreage. In addition, Keeling will create a format for evaluating and updating PHC’s helium resource as more leases are added and wells are drilled.


Keeling is a Qualified Person as such term is defined in NI 51-101.


VVC Chairman TM said: "We are particularly excited to have a third-party review of the projects in Plateau Helium, so that we will be able to effectively communicate the tremendous potential value we see in these projects."


PHC's Four Existing Helium Projects


PHC now has four (4) helium projects to be evaluated by Keeling. These projects cover an aggregate of approximately forty thousand (40,000) acres in: Syracuse (PHC’s original project), Monarch, Syracuse Extension Kansas, and Syracuse Extension Colorado. In addition to the core acreage in these projects, the Company will continue to add properties to each.


About National Instrument 51-101 (NI 51-101)


NI 51-101, Standards of Disclosure for Oil and Gas Activities, requires all Canadian reporting issuers engaged in oil and gas activities to provide disclosure of their estimated oil and natural gas reserves, and related future net revenue, on an annual basis. In addition, NI 51-101 permits reporting issuers to disclose estimates of resources (other than reserves) provided that such disclosure satisfies the requirements of NI 51-101. This requires that all estimates of reserves, resources, and values attributable to reserves or resources that are disclosed, must be prepared or audited in accordance with the Canadian Oil and Gas Evaluation Handbook ("COGE Handbook").


About Lee Keeling and Associates


Lee Keeling and Associates (Keeling) are international consultants providing confidential advice on all segments of the petroleum industry, international and domestic, since 1957. They provide their clients with a product that incorporates knowledgeable geologic, engineering and economic evaluations from which they can make sound and dependable business decisions. Keeling’s staff is proficient in the use of professionally accepted evaluation procedures and engineering practices using a wide-range of software to produce specialized services and reports tailored to clients need. Services include: oil and gas (including helium) reserve estimates, oil and gas (including helium) appraisals, CO2 sequestration feasibility studies, PHMSA audit preparation, gas storage studies, water flood studies, expert witness testimony, oil and gas pipeline feasibility studies, drilling and development programs, and formation evaluation. They are also well versed in reservoir analysis, unitization studies, fluid injection programs, enhanced recovery, horizontal drilling, and deliverability studies, and subsurface fluid disposal.

VVC Exploration Corporation Announces Director Resignation

June 19, 2026
TORONTO, June 19, 2026 - VVC Exploration Corporation, dba VVC Resources ("VVC" or the "Company") (TSX-V: VVC and OTCQB: VVCVF) announces that Mr. Bruno Dumais resigned as a Director of the Company. The Board of Directors has accepted Mr. Dumais' resignation with regret, and thanks him for his valuable contributions and dedicated service to the Company. Jim Culver, CEO of VVC, commented: "On behalf of the Board and management, I would like to express our deep appreciation to Bruno for his commitment to VVC. We value the insight and guidance he has provided during his tenure and wish him continued success in his future endeavors." The position on the Board of Directors will be left vacant until a new candidate can be appointed to fill the vacancy. About VVC Resources VVC engages in the exploration, development, and management of natural resources - specializing in scarce and increasingly valuable materials needed to meet the growing, high-tech demands of industries such as manufacturing, technology, medicine, space travel, and the expanding green economy. Our portfolio includes a diverse set of multi-asset, high-growth projects, comprising: Helium & industrial gas production in western U.S.; Gold & associated metals operations in northern Mexico; and Strategic investments in carbon sequestration and other green energy technologies. VVC is a Canada-based, publicly-traded company on the TSXV (TSX-V:VVC). To learn more, visit our website at: www.vvcresources.com. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

VVC Exploration Corporation Provides Regulatory Update and Clarifies a Previous Incorrect Statement about CYRB

May 21, 2026
TORONTO, May 21, 2026 - VVC Exploration Corporation, dba VVC Resources (“VVC” or the “Company”) (TSX-V: VVC and OTCQB: VVCVF) is providing an update to its previous news release dated May 16, 2026, regarding the status of its annual financial filings. The Ontario Securities Commission (the "OSC") has notified the Company that its application for a Management Cease Trade Order ("MCTO") has been rejected. In delivering its decision, the OSC noted that they are not of the view that there is an active, liquid market for the issuer’s securities, based on a review of the trade volume, trade value, and number of trades over the last month. Consequently, the OSC intends to issue a Failure-to-File Cease Trade Order ("FFCTO") against the Company shortly after the regulatory deadline if the continuous disclosure documents are not submitted. The Company's audited annual financial statements, management's discussion and analysis, and related officer certifications for the fiscal year ended January 31, 2026 (collectively, the "Required Filings") are due on June 1, 2026. Reason for Anticipated Delay The delay in completing VVC’s Required Filings is primarily attributable to the time required to complete the valuation and related accounting assessment of VVC’s equity investment in Cyber Apps Solutions Corp. (“CYRB”) and its operating subsidiary, Proton Green, LLC. The complexity of the valuation process and the resolution of related accounting matters delayed the commencement of VVC’s Required Filings. The Company also wishes to clarify that the references to executive management vacancies at CYRB included in the May 16, 2026 announcement were incorrect and have been retracted. Financing & Corporate Update In light of the operational adjustments required by the developments at CYRB, the Company also announces that it is actively pursuing capital-raising initiatives to protect working capital and fund ongoing operations, including its core helium and gold exploration assets. VVC is currently evaluating various financing options, which may include a proposed non-brokered private placement of securities. Any such financing remains subject to compliance with the strict terms of the proposed MCTO, which prohibits the issuance or acquisition of securities from any director, officer, or insider of VVC during the period of the default. Further details regarding the terms, pricing, and closing dates of any such financing will be announced if and when they are finalized. There can be no assurance that any financing will be completed on terms acceptable to the Company, or at all. Anticipated Completion and Impact of Order The Company and its independent third-party valuation specialist are working diligently to resolve the valuation framework with MNP LLP. VVC continues to target the completion and submission of the Required Filings on or before June 30, 2026. If an FFCTO is issued by the principal regulator, trading in the common shares of VVC will be suspended across all trading platforms in Canada, including the TSX Venture Exchange, until the Required Filings are completed and the order is formally revoked by the regulators. Insider Trading Restrictions The Company's internal insider trading blackout notice issued by the Corporate Secretary remains in full effect. All directors, officers, and insiders are strictly prohibited from trading in the Company's securities or exercising stock options until the default is fully remedied and the Required Filings are publicly available. About VVC Resources VVC engages in the exploration, development, and management of natural resources - specializing in scarce and increasingly valuable materials needed to meet the growing, high-tech demands of industries such as manufacturing, technology, medicine, space travel, and the expanding green economy. Our portfolio includes a diverse set of multi-asset, high-growth projects, comprising: Helium & industrial gas production in western U.S.; Gold & associated metals operations in northern Mexico; and Strategic investments in carbon sequestration and other green energy technologies. VVC is a Canada-based, publicly-traded company on the TSXV (TSX-V:VVC). To learn more, visit our website at: www.vvcresources.com. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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